The numerical treatment of partial differential equations in computational finance started with binomial and trinomial trees, with all the drawbacks related to these approaches. In the meanwhile (see, e.g., Duffy 2004, in the July issue of this magazine), finite differences are widely used in modern derivatives pricing. We present how pricing software can be developed on the basis of finite element techniques, which allow more flexibility than finite differences.

The people behind the UnRisk 2 derivatives pricing package bring their unique experience in heavy industry to  bear on pricing in the global financial markets

The benefits that big institutions derive from large database server farms are something UnRisk is working to deliver to smaller enterprises through developing distributed solutions

In a market of Goliaths able to justify huge spend on enterprise management how are the numerous small capital management houses to meet regulatory pressures whilst remaining cost efficient?

Binomial trees might be great in the classroom, but in the real world they’re so much firewood writes This email address is being protected from spambots. You need JavaScript enabled to view it. of MathConsult

 

News

UnRisk @ Spezialtag MiFID II

UnRisk @ Spezialtag MiFID II

UnRisk will speak at Spezialtag MiFID II am 06.12.2016: Anlageberatung 4.0...

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UnRisk consortium and Multilateral AG teamed up to found UnRiskOmega AG

UnRisk consortium and Multilateral AG teamed up to found UnRiskOmega AG

UnRiskOmega is a cooperation of the three companies multilateral AG, uni softwar...

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Mathematica & UnRisk Workshop in Paris

Mathematica & UnRisk Workshop in Paris

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UnRisk in Paris

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UnRisk Pricing Engine 8.1 Released

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UnRisk Factory 6 is here

UnRisk Factory 6 is here

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UnRisk 8 Released

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Success Stories

UnRisk and Solventis - Or How To Build Up a SaaS Solution with UnRisk Technologies

UnRisk and Solventis - Or How To Build Up a SaaS Solution with UnRisk Technologies

Solventis is an independent financial group established in 2002 by a team of pro...

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UnRisk seals cooperation with multilateral AG

UnRisk seals cooperation with multilateral AG

multilateral AG is an innovative Swiss IT-Consulting and software engineering co...

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Dupire - Robust Calibration of Local Volatility Models

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For the so-called local volatility model, Bruno Dupire derived a closed form sol...

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Workout in Computational Finance

Workout in Computational Finance

The intention of the book is to give a sound overview on numerical methods which...

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